Tech Company Financing Transactions

Coda Automotive Funding Round

Coda Automotive closed a $76 million Series D funding round on 1/6/2011. Investors included Harbinger Venture Management, Riverstone Holdings and Aeris Capital AG.

Transaction Overview

Company Name
Coda Automotive
Announced On
1/6/2011
Transaction Type
Venture Equity
Amount
$76,000,000
Round
Series D
Investors

Harbinger Venture Management (Lead Investor)

Riverstone Holdings (Lead Investor)

Aeris Capital AG

Angeleno Group

Proceeds Purpose
The funding will be used to prepare for start of production of the company's flagship all-electric vehicle, the CODA Sedan, and to support the company's 2011 sales and marketing efforts. The investment will also fund additional equity investment in the company's joint venture battery production facility where CODA will manufacture its multi-purpose Lithium-ion power battery systems for automotive and utility applications.

Company Information

Company Status
Acquired or Merged
Industry
Transportation
Mailing Address
10250 Santa Monica Blvd 133
Los Angeles, CA 90067
USA
Phone
323-557-1491
Website
www.codaautomotive.com
Email Address
Not Recorded
Overview
CODA Automotive is a privately held company headquartered in Santa Monica, California that designs, manufactures and sells electric vehicles and lithium-ion battery systems purpose-built for transportation and utility applications.
Profile
Coda Automotive LinkedIn Company Profile
Social Media
Coda Automotive Company Twitter Account
Company News
Coda Automotive News
Facebook
Coda Automotive on Facebook
YouTube
Coda Automotive on YouTube

Management Team

Title
Name
Email & Social
Chairman
Steve Heller
  Steve Heller LinkedIn Profile  Steve Heller Twitter Account  Steve Heller News  Steve Heller on Facebook
Chief Executive Officer
Phil Murtaugh
  Phil Murtaugh LinkedIn Profile  Phil Murtaugh Twitter Account  Phil Murtaugh News  Phil Murtaugh on Facebook
VP - General Counsel
John Wilson
  John Wilson LinkedIn Profile  John Wilson Twitter Account  John Wilson News  John Wilson on Facebook

 

 

Browse more venture capital transactions:

Prev: 1/6/2011: Qik venture capital transaction
Next: 1/6/2011: OMGPOP venture capital transaction

 

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